Hyperliquid Enables On-Chain Voting for Asset Delisting

In Brief:

Hyperliquid adds on-chain validator voting to decide on asset delisting.

Voting is stake-weighted, permissionless, and triggered fully on-chain.

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Decentralized exchange Hyperliquid has introduced a fully on-chain validator voting system for asset delisting. The feature allows validators to initiate and execute token delistings directly through the HyperCore protocol without off-chain coordination.

According to the announcement, the system uses a permissionless, stake-weighted voting mechanism. Once a proposal gains sufficient support, the delisting is automatically carried out on-chain. The upgrade aims to enhance transparency and decentralization within the protocol’s governance process.

As a first use case, Hyper Foundation validators 2–5 are scheduled to vote on whether to delist the MYRO contract at 21:00 UTC+8 on March 29. Validator 1 will abstain to allow initial delegators to complete their participation.

Hyperliquid noted that while on-chain votes will determine outcomes, validators may still publicly declare their positions off-chain to improve user clarity. The team also hinted at potential UI enhancements to better track and summarize validator decisions in the future.

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